Tobyhanna man admits robbing 14 banks of nearly $1M

CAMDEN, N.J. AP) — A Pennsylvania man has admitted to robbing or trying to rob 14 banks in Pennsylvania and New Jersey over eight years, making off with nearly $1 million.

CAMDEN, N.J. AP) — A Pennsylvania man has admitted to robbing or trying to rob 14 banks in Pennsylvania and New Jersey over eight years, making off with nearly $1 million.

Joseph McAdams of Tobyhanna was arrested on Oct. 9, 2008. Police pursued him for 12 miles after he robbed the Investors Savings Bank branch in Whitehouse Station, N.J.

On Friday, McAdams pleaded guilty to 10 counts of bank robbery and one count of use of a firearm. Authorities say he would enter the banks around closing time and force employees to open the vault at gunpoint.

He also admitted to an additional four robberies in which the five-year statute of limitations has expired.

Each count of bank robbery carries a maximum penalty of 25 years in prison and a fine of $250,000. Sentencing is set for Jan. 15.

According to the U.S. Attorney's Office in New Jersey, McAdams pleaded guilty to the following robberies: